Forum Merger III Corporation Units
FIIIU
FIIIU was delisted on the 25th of June, 2021.
8 hedge funds and large institutions have $10.7M invested in Forum Merger III Corporation Units in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 44 closing their positions.
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
84% less funds holding
Funds holding: 50 → 8 (-42)
93% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 44
93% less capital invested
Capital invested by funds: $162M → $10.7M (-$152M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$360K |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$170K |
| 3 |
Jane Street
New York
|
+$70K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.11K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$15.7M |
| 2 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$9.92M |
| 3 |
KC
Kepos Capital
New York
|
-$8.9M |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$8.18M |
| 5 |
SRCM
Sage Rock Capital Management
New York
|
-$8.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$7K | -706 | Closed |
|
FIIIU Hedge Fund Activity: Q4 2020 in Review
8 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Forum Merger III Corporation Units (FIIIU) for Q4 2020, worth a combined $10.7M — down 93% from $162M a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of FIIIU and 3 opened new positions — a net loss of 41 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $360K. The largest seller was Magnetar Financial, exiting entirely with an estimated $15.7M sold.
- 8 institutional investors held Forum Merger III Corporation Units (FIIIU) as of Q4 2020, down from 50 in Q3 2020.
- Funds reported $10.7M of Forum Merger III Corporation Units stock for Q4 2020, down 93% quarter-over-quarter.
- 3 funds opened new Forum Merger III Corporation Units positions in Q4 2020 and 44 closed out, a net change of -41 holders.
- The largest Forum Merger III Corporation Units buyer in Q4 2020 was Morgan Stanley, an estimated $360K added.
- The largest Forum Merger III Corporation Units seller in Q4 2020 was Magnetar Financial, an estimated $15.7M sold.
Based on aggregated 13F filings for Q4 2020.